Discrepancy with Conditional Receipt. In the case where the conditional receipt is given for an amount less than the policy application, the Reinsurer shall not be liable for more than its proportionate share of the maximum limit as shown in the Company's conditional receipt.
Appears in 3 contracts
Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7), Reinsurance Agreement (Llac Variable Account), Reinsurance Agreement (Vel Ii Account of Allmerica Financial Life Ins & Ann Co)
Discrepancy with Conditional Receipt. In the case where the conditional receipt is given for an amount less than the policy application, the Reinsurer shall not be liable for more than its proportionate share of the maximum limit as shown in the Company's conditional receipt.. GENERAL & COLOGNE LIFE RE OF AMERICA
Appears in 1 contract
Discrepancy with Conditional Receipt. In the case where the conditional receipt is given for an amount less than the policy application, the Reinsurer shall not be liable for more than its proportionate share of the maximum limit as shown in the Company's conditional receipt.. 11/13/01 4 of 24 ARTICLE V
Appears in 1 contract
Samples: Reinsurance Agreement (Nationwide Provident Vli Separate Account 1)
Discrepancy with Conditional Receipt. In the case where the conditional receipt is given for an amount less than the policy application, the Reinsurer shall not be liable for more than its proportionate share of the maximum limit as shown in the Company's conditional receipt.. 02/26/02 4 of 24 ARTICLE V
Appears in 1 contract
Samples: Reinsurance Agreement (Nationwide Provident Vli Separate Account 1)
